Paras Defence Surges to Rs 37.25 Crore in Traded Value Today

Paras Defence and Space Technologies Ltd, a small-cap player in the Aerospace & Defense sector, has emerged as one of the most active equities today, with a total traded volume of 4,855,835 shares and a total traded value of approximately Rs 37.25 crore. The stock opened at Rs 722.20 and reached an intraday high of Rs 790.00, reflecting a notable increase of 9.91% during the trading session. As of the latest update, the last traded price stands at Rs 786.95. The stock has shown strong performance, outperforming its sector by 8.78% and achieving a remarkable 17.46% gain over the past six days. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. Additionally, the delivery volume on November 13 surged by 109.89% compared to the 5-day average, suggesting rising investor participation. With a market capitalization of Rs 5,945 crore, Paras Defence continues to demonstrate liquidity, with trading activity sufficient for a trade size of Rs 1.1 crore based on 2% of the 5-day average traded value. Overall, the stock's performance today highlights its active engagement in the market and solid position within its industry.